392 Quotes by Anthony Chan

  • Author Anthony Chan
  • Quote

    These figures strongly suggest that the labor market recovery train is still not even at the train station as of yet.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    There's always that danger that the Fed gets impatient here. But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    What's different this time is that there is a lot more stimulus now than any time in the past 50 or 60 years. I've never seen a period with so much help from both the fiscal and monetary side.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    I think the markets probably overreacted when the Federal Reserve first moved toward a neutral operating directive. When Alan Greenspan spoke this time, I think the reality set in and that is, yes, the central bank has a neutral directive, but it's more like an ultra-right (hawkish) form of neutral directive. ... Any time they get an excuse to raise rates, they're going to take it.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    This hurricane dwarfs anything we've seen before. There are still a lot of people out there that just have not had a chance to file.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    There's always that danger that the Fed gets impatient here, ... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    What is giving us protection is all the global competition that we have. That is preventing companies from passing on most of the costs. Even though productivity has been slowing down, it's still fairly significant.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    I think the (PPI and core PPI) numbers will make the Fed a bit more comfortable that the status quo is fine, ... The core PPI is the one they really care about. It's really telling us that the inflation story is not running away from us. That doesn't mean the debate won't be heated. But this number does tilt the apple cart.

  • Tags
  • Share

  • Author Anthony Chan
  • Quote

    a level of optimism that was not dented as much as one would have expected by Hurricane Katrina.

  • Tags
  • Share